Fading Memories: Alzheimer's/Dementia Caregiver Support - Money Scams: Insights and Solutions

Money Scams: Insights and Solutions

09/20/22 • 61 min

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Fading Memories: Alzheimer's/Dementia Caregiver Support

Money Scams: Insights and Solutions. Older adults are vulnerable to various scams, including fraudulent calls, emails, and door-to-door schemes. Scammers often exploit their trust, targeting savings, personal information, or even posing as family members in distress. Common scams involve fake lottery winnings or requests for financial assistance. Educating older adults about these risks, promoting skepticism towards unsolicited communications, and establishing communication channels for verifying requests are essential in safeguarding them from falling victim to financial exploitation and identity theft. Older adults are particularly vulnerable to scams. Various investment scams tend to cause the most significant losses for seniors, averaging $17,172 stolen per senior aged 70 to 79. Another high-cost scam for seniors (mainly those 80 or over) is a romance scam, resulting in $10,000 lost per person. Back with us today are Mike & Kim Barnes of Parenting Aging Parents. If you missed their first episode with me, Balancing It All, be sure to listen to that one next. Kim has had to find solutions to prevent her Mom from being scammed again. Scams are a topic I haven't covered before, and we all must understand how to minimize and protect our families from financial losses due to scams. Find Mike & Kim here www.raisingagingparents.com ++++++++++++++++++++++++++++++++++++++++ Related Episodes: Money & Financial Warnings Signs for Elderly Future Security: Money & l Elder Abuse with Expert Advice ++++++++++++++++++++++++++++++++++++++++ Sign Up for more Advice & Wisdom - email newsletter. ++++++++++++++++++++++++++++++++++++++++ Please Support Our Sponsors So We Can Continue To Bring The Show to You For Free ++++++++++++++++++++++++++++++++++++++++ Make Your Brain Span Match Your LifeSpan Relevate from NeuroReserve With Relevate nutritional supplement, you get science-backed nutrition to help protect your brain power today and for years to come. You deserve a brain span that lasts as long as your lifespan. ++++++++++++++++++++++++++++++++++++++++ Please help us keep our show going by supporting our sponsors. Thank you. Stop 100% of Unwanted Calls with imp. Did you know people with Alzheimer's can receive nearly 200 spam calls a week? You can put a stop to those now. ++++++++++++++++++++++++++++++++++++++++ Join Fading Memories On Social Media! If you've enjoyed this episode, please share this podcast with other caregivers! You'll find us on social media at the following links. Instagram Twitter LinkedIn Facebook Contact Jen at [email protected] or Visit us at www.FadingMemoriesPodcast.com

Previous Episode

The Heart of Caring: Dementia and Hospice

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The Heart of Caring: Dementia and Hospice. Hospice care is a type of health care that focuses on palliating a terminally ill patient's pain and symptoms and attending to their emotional and spiritual needs at the end of life. Hospice care prioritizes comfort and quality of life by reducing pain and suffering. Unfortunately, many caregivers hesitate too long to bring this vital service to their loved ones. While it's much more challenging to know when the time is correct when dealing with dementia, it's a service we need to understand and utilize. On the show today is Helen Bauer, RN. Helen is one of the hosts of The Heart of Hospice podcast, but she's also an end-of-life trainer, hospice advocate, and more. She's an excellent guest to teach us about hospice when caring for someone with cognitive impairment. Find Helen here: https://www.theheartofhospice.com ++++++++++++++++++++++++++++++++++++++++ Related Episodes: All About Palliative Care Smiling Through Your Tears (Anticipatory Grief) ++++++++++++++++++++++++++++++++++++++++ Sign Up for more Advice & Wisdom - email newsletter. ++++++++++++++++++++++++++++++++++++++++ Make Your Brain Span Match Your LifeSpan Relevate from NeuroReserve With Relevate nutritional supplement, you get science-backed nutrition to help protect your brain power today and for years to come. You deserve a brain span that lasts as long as your lifespan. ++++++++++++++++++++++++++++++++++++++++ Please help us keep our show going by supporting our sponsors. Thank you. Stop 100% of Unwanted Calls with imp. Did you know people with Alzheimer's can receive nearly 200 spam calls a week? You can put a stop to those now. ++++++++++++++++++++++++++++++++++++++++ Join Fading Memories On Social Media! If you've enjoyed this episode, please share this podcast with other caregivers! You'll find us on social media at the following links. Instagram Twitter LinkedIn Facebook Contact Jen at [email protected] or Visit us at www.FadingMemoriesPodcast.com

Next Episode

Life Lessons from the Sandwich Generation: Breeda Miller's Story

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Breeda Miller, caregiver, author & playwright. Life Lessons from the Sandwich Generation. Sandwich generation caregivers face the distinct challenge of simultaneously caring for aging parents and raising their own children. Balancing the demands of two generations can lead to emotional, financial, and time constraints. Juggling work, parenting, and eldercare responsibilities can create stress and exhaustion. Decision-making becomes complex when navigating both child-rearing and the evolving needs of elderly parents. The unique role of sandwich generation caregivers highlights the importance of self-care, support networks, and effective time management to navigate these intricate caregiving responsibilities. Breeda Miller was an accidental caregiver. Like most of us, she had no training or medical background. She didn't know what she didn't know. She knew she loved her mom, who could no longer live alone. So she moved Mom in with her entire family. For nearly eight years, they cared for her. It was good until it wasn't. Breeda learned much during those years, including hospice care in her home. Living in the Sandwich Generation taught her more about life than she could ever have imagined. Now Breeda shares those life lessons with others who need help navigating this challenging time. www.breedamiller.com ++++++++++++++++++++++++++++++++++++++++ Related Episodes: Strength As A Sandwich Generation Caregiver Breaking the Burnout Cycle ++++++++++++++++++++++++++++++++++++++++ Sign Up for more Advice & Wisdom - email newsletter. ++++++++++++++++++++++++++++++++++++++++ Please Support Our Sponsors So We Can Continue To Bring The Show to You For Free ++++++++++++++++++++++++++++++++++++++++ Make Your Brain Span Match Your LifeSpan Relevate from NeuroReserve With Relevate nutritional supplement, you get science-backed nutrition to help protect your brain power today and for years to come. You deserve a brain span that lasts as long as your lifespan. ++++++++++++++++++++++++++++++++++++++++ Please help us keep our show going by supporting our sponsors. Thank you. Stop 100% of Unwanted Calls with imp. Did you know people with Alzheimer's can receive nearly 200 spam calls a week? You can put a stop to those now. ++++++++++++++++++++++++++++++++++++++++ Join Fading Memories On Social Media! If you've enjoyed this episode, please share this podcast with other caregivers! You'll find us on social media at the following links. Instagram Twitter LinkedIn Facebook Contact Jen at [email protected] or Visit us at www.FadingMemoriesPodcast.com